Some of the fancy colour options – check the names in particular. Swift Code JPPSJPJK is the unique bank identifier for JAPAN POST BANK, CO., LTD 's head office branch located in TOKYO - JAPAN and it's used to verify financial transactions such as a bank wire transfers (international wire transfers). At most banks, it is possible to simply walk in and ask to open an account without booking an appointment first. As a new foreigner and student is there any kind of debit card i can easily access, but importantly, one i can pay my bills with like utilities/gym/broadband. International transfer fees are usually 4,000 yen. The downsides of the branch approach are that there aren't many physical Shinsei branches in the first place, and that employees may speak little English. However, I later switched to Shinsei Bank because they offered me a free monthly transfer and their account registration feature saved me from having to fill-out an international remittance form each time. 口座(貯金・振込・国債)に関するお取引 (Transactions related to bank account (savings, remittance, government bonds)), - 生計費決済 seikeihi kessai, payment of living expenses, - 事業費決済 jigyohi kessai, payment of corporate expenses, - 給与受取/年金受取 kyuyo uketori/nenkin uketori, receiving salary/pension, - 貯蓄/資産運用 chochiku/shisan unyo, savings/investments, - 外国為替取引 gaikoku kawase torihiki, forex trading, 2. Try Rakuten instead). Checking and savings accounts can be opened with the Japanese post office. In short, are you a resident of Japan, and do you pay taxes here? They didnt try use my current debit visa card. If you really want to avoid any Japanese-language forms, Shinsei Bank is the way forward. The former lets you put down your work or share house phone number and a signature, while the latter has forms in English. We already have this email. The lesson of Japan Post is important for the U.S., which is now considering turning its own postal service into a bank. Compare interest rates for time deposits from major banks in Japan . The Bank was formerly known as Yucho Co. Ltd and changed its name to Japan Post Bank in 2007. A subsidiary of Japan Post Holdings (Japan Post), JP Bank handles postal deposits and banking services. And again, all the documents will be in English. Current Account Balances at the Bank of Japan billion yen Basic Loan Rate 0.3 % (since December 19, 2008) Interest Rate Applied to the Complementary Deposit Facility minus 0.1 % (applied to the Policy-Rate Balance, since February 16, 2016) Uncollateralized Overnight Call Rate(average) % Next Monetary Policy Meeting Date January 20 and 21, 2021 On the Japan Post Bank website, there is a detailed description and a conversion tool that uses the receiver's Japan Post Bank code and numbers to specify the branch name, type of deposit and account number used for the domestic … So let’s say theoretically you wanted to open up a simple Japan Post account, you are not going to need a Hanko (Seal/identification marker). They even let you choose the colour of your bank card – what's not to love? However you seem very knowledgeable so i’ll ask if you’d be so kind: Banking here is a shit show. As of 2005, the president of the company was Masaharu Ikuta, formerly chairman of Mitsui O.S.K. I went to a branch today in Shinjuku and the bank clerk basically told me i need a student card to open it in addition to zairyu. Japan Post Bank Co. is dedicated to serving as “the most accessible and trustworthy bank in Japan,” with operations that are guided by the needs and wishes of our customers. However, you can’t organise your international money transfer at every single post office branch, so it’s worth checking whether your local branch has this service. Japan Post Bank was also involved in another series of illegal withdrawals, in which a total of nearly ¥100 million was stolen from the accounts of six clients of SBI Securities Co. Fill in your name in the left box. I definitely cannot access the international transfer option back when I was on my first 6 months. The blue form shown above is the all-important one; the green one on the right is simply one that states your purpose for the bank account (i.e. Jun. India Post Payments Bank’s Total Customer Base Crosses 3.6 Crore, Clocks Over Rs 38,500 Crore Financial Transactions Since Launch of Operations; Read More. Is it possible to open an account without the student card? Déjà vu! The name on my bank card is in katakana and the First Name Middle Name and Last Name are ordered differently on the card, does my paypal name have to be in katakana or just roman letters. Take a proof of address with you just in case, although they seem to not ask for it these days, and if you have it, a hanko (personal seal) to make life easier, but this is optional here. I went to a branch today in Shinjuku and the bank clerk basically told me i need a student card to open it in addition to zairyu. How you want to be able to withdraw money. 普通 (futsuu, regular) or 貯蓄 (chochiku, savings), are the options here. Ex:11540-12345671. So you've moved to Japan, found a place to live, got your resident card (don't lose that thing) stamped with your address, and now you need... a bank account. Then type the first characters of the bank branch. Japan Post Bank was established in September 2006 during the reform of Japan Post, which became Japan Post Holdings. As far as we've been able to ascertain, a Japanese debit card still doesn't seem to function like a debit card abroad, so for your own sake, just put 利用しない (don't enable/use), or 利用する (enable) if you want to try for shits and giggles. We opted for going to the physical branch; a choice that unfortunately was not without its hiccups. Be sure to tell the staff that you want to transfer money overseas and/or take out cash at ATMs abroad, as these are options that you have to activate manually (if you applied by post, you can do so online or by phone). Once you meet the six month residency requirement, you can create a Shinsei bank account and directly link your bank account to the prepaid card. The bank has asked its 5.5 million clients who use electronic payment … 現金・小切手によるお払込み等のお取引 (Transactions based on cash or cheque payments), - 商品・サービス代金 seihin/saabisu daikin, bills for goods and services, - 投資/貸付/借入返済 toshi, kashitsuke, shakunyu hensai, investment, loan, loan repayment, - 株式配当金等の受取 kabushiki haitokin nado no uketori, receiving stock dividends. They give you the option of donating (part of) your interest to charity here. A small misprint (part of the address was printed double) on our resident card meant that we were ultimately denied an account – after 40 minutes of sitting there and having completed everything else successfully, as well as having shown three other valid proofs of address, which we'd taken along just in case but were considered invalid (they all have to be less than six months old, including your residence certificate). Read More [1] You have an address in Japan You should be able to prove your address in Japan - often with a utility bill or similar document in your name. When making purchases, the card holder can choose to make the payment interest free at once (ikkatsu barai) or divide it evenly over a number of months (bunkatsu barai), in which case interest is charged. Be wise and say yes – you'll be allowed to pick your own after you've submitted the forms. You'll first be asked to show your resident card and fill in some general information on a tablet in English. Select the recipient bank. Known as Yucho Ginko (ゆうちょ銀行) in Japanese, this used to be the most popular account for foreigners before Shinsei started doing stuff in English. You'll be asked to fill out a number of forms in Japanese. Open up an account at the local post office for Japan Post Bank​, a subsidiary of Japan Post Holding. my langage school even called banks to negotiate, vouching for us and the answer is still no. The upside of doing it in person is that you may be able to get the cash card then and there (plus not having to supply another proof of ID), while applying online means you'll have to wait about a fortnight for everything to arrive in separate envelopes – for obvious safety reasons. However, it is worth noting there are only 233 branches in Japan that provide this service, so make sure there's one nearby. For people already living in Japan - anything relevant to living or working in Japan such as lifestyle, food, style, environment, education, technology, housing, work, visas, sport etc. Japan Post Bank is one of 11 across the country so far to have discovered improper withdrawals from customers’ bank accounts through NTT Docomo’s electronic payment service. From my research, nowhere said this was necessary. Check the JPPSJPJKXXX SWIFT / BIC code details below. Partner banks include Japan Post Bank, Aeon Bank and regional banks across Japan. JAPAN POST BANK, CO., LTD SWIFT Code Details A SWIFT/BIC is an 8-11 character code that identifies your country, city, bank, and branch. It should now look something like this: Most importantly, if you mess something up: rather than having to fill in an entirely new form, just block out the wrong bit with your pen and put your signature next to the wrong bit to prove you are the one who messed up. Unlike many of the big Japanese banks, JP Post does not require you to have your own phone number to register: your work phone or any phone that you can usually be reached on is sufficient. • Bank account holders who lose their bank book or cash card should contact their bank immedi-ately. Starting with the launch of 3250 access points, IPPB will be spreading its footprint and leveraging the vast postal network of nearly 1.55 lakh Post Offices and 3.0 lakh postal employees in every district, town and village of the country to serve you. Japan Post Bank. It is owned Japan Post Holding Co. Ltd which is owned 100% by the Japanese government. The same goes for the next section, although it's probably easier to just circle one here just in case: 名義人さまのご職業 (meigininsama no goshokugyo, occupation of account holder), 会社員/団体職員 company employee, association or society employee (non-governmental), 会社役員/団体役員 company executive, association or society executive, パート/アルバイト/派遣社員/契約社員 part-time worker, temporary worker, contracted worker, 転職された方/無職の方/未就学児 retired, unemployed, pre-schooler, 弁護士/司法書士/会計士/税理士 lawyer, judicial scrivener, accountant, tax counsellor. These swift codes will help you identify the bank and branch swift code you need to use in order to send money to Japan. Savings accounts can also be opened at most post offices through a branch of the Japanese postal service, Japan Post Bank. With Japan Post Bank you can transfer money abroad through some local post offices. You can now get recycling bags from nespresso stores to either return them to their store (in malls) or have them pickup when you order online. Please enter the bank and branch code of your account (single byte numbers). Having gone to the ward office to reprint everything, we went back for round two the next day. Note: when we opened our bank accounts aeons ago, this website was very helpful, but the forms have changed by now – consider this an elaborate update. 暗証番号必須取扱い (anshobango hissu toriatsukai; do you want/need a PIN code for your transactions). Japan Bank for International Cooperation (JBIC) – A policy-based financial institution owned by the Japanese government. Although the staff primarily spoke Japanese, all the forms – mainly presented on tablets, on which you could fill them in electronically – were in English; you'd be able to at least understand all the steps and terms & conditions. Regular bank transfers from Japan: Costly and complicated. Financial Institutions Accounts. Remember to circle (not tick) the relevant boxes here – yes, you're allowed to circle more than one. (The whole matching last names with first names properly did not seem to be a thing here). In May last year, there were similar cases of improper withdrawals from Resona Bank accounts linked to … The new logos of Japan Post Group, "JP", have been designed to reflect our heart supporting the "J" and "P" of Japan Post, that respectively offer the highest-quality services for the convenience and security of our customers, regions and society, as well as a reliable entity that continues to exist side by side with our customers we seek to benefit. Payments for utility bills and direct deposit of paychecks are made entirely through your bank account in Japan. To know of if the branch that … I had to manually request the function after that. We guide you step-by-step through two foreigner-friendly bank account application processes. GLOBAL PASS ® at an overseas ATM, the fee is reimbursed for up to 100 times *2 per month, depending on the balance *3 of the bank account from which the cash was withdrawn. In this article, we explain how to open an account with Japan Post Bank (JP Bank). 7182> said Thursday that it had received about 380 complaints from customers as of Tuesday of fraudulent withdrawals amounting to … Alphabet should be fine, although writing both romaji and katakana can never hurt. Many banks charge a ridiculous ¥ 3,000 to ¥ 4,000 to receive yen transfers. It signifies how much you're depositing now, not how much you have. I'm trying to add my UFJ japan bank account to paypal, paypal says my paypal name must match the name on my bank account. It usually looks like a shortened version of that bank's name. For the fiscal year ended March 31, 2017, Japan Post Bank reported net income of ¥312.2 billion, total assets of ¥209.569 trillion (US$1.9 trillion) and deposits of ¥179.435 trillion. Please note that showing them a student card will place absolutely not limits on the account (not sure why you think it would, but I suppose that might be a thing elsewhere. In November 2015, the Bank was listed on the Tokyo Stock Exchange. From my research, nowhere said this was necessary. Going through the boxes again, slowly: お取引の名義人さま (otorihiki no meiginin sama; account holder). Banks in Japan love charging their customers pointless fees and will often apply a receiving charge to release the funds to your bank account EVEN IF YOU ARE SENDING THE MONEY IN YEN! It might require an extra form somewhere down the line. TOKYO -- Japan has seen a recent spate of cases in which money has been illicitly withdrawn from regional bank accounts via a virtual wallet … It wasn't automatic. 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